The following adjustment was made today on Lowes Companies Inc (LOW). All prices include IB commissions.
Note: This is the second position on LOW.
| Criteria | Value |
|---|---|
| Dividend Champions Status | Champion |
| Years of Consecutive Dividend Increases | 48 |
| Fair Value Estimate | $30.00 |
| Target Buy Price | $21.00 |
| Target Margin of Safety | 30.00% |
| Actual Buy Price | $21.00 |
| Actual Margin of Safety | 30.00% |
*The Fair value was lowered from $36.00 to $30.00 during the holding period, which slightly lowered my Margin of Safety.
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 11/23/2011 | LOW | Continued Trade | STO 2 Jan12 21.00 Put @ 0.65 | $130.55 |
Current Position Summary
| Cost Basis | ($4,200.00) |
| Income Generated | $361.66 |
| Percent Income Generated | 8.61% |
| Annualized Income Generated | 12.99% |
| Net Profit If Assigned | $361.66 |
| Percent Return If Assigned | 8.61% |
| Annualized Return If Assigned | 12.99% |
| Days Held to Expiration | 242 days |
Trade History
| Date | Stock | Description | Transaction | Status | Stock Investment | Income Generated |
|---|---|---|---|---|---|---|
| 5/23/2011 | LOW | CSP Margin Used | CSP 200 LOW @ 21.00 | ($4,200.00) | ||
| 5/23/2011 | LOW | Initial Put Option | STO 2 Oct11 21.00 Put @ 0.56 | Expired | $112.56 | |
| 10/31/2011 | LOW | Continued Trade | STO 2 Nov11 21.00 Put @ 0.59 | Expired | $118.55 | |
| 11/23/2011 | LOW | Continued Trade | STO 2 Jan12 21.00 Put @ 0.65 | $130.55 | ||
| 1/20/2012 | LOW | Totals | ($4,200.00) | $361.66 | ||
| DTE | 242 | Percent Income/Annualized | 8.61% | 12.99% |
